taxes Property Tax Assistance

2024 Confidence Interval Detail

Bowie County
019-906/Redwater ISD

Category Summary

(1)
Category
(1)
Stratum
Number
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 2 80,823,286 0.9667 83,607,413 12 573 0.006196478
A 3 85,292,062 1.0008 85,223,883 15 329 0.006523138
A 4 93,442,706 1.0039 93,079,695 12 246 0.003502682
A 5 105,927,787 0.9851 107,529,984 12 192 0.011736520
E 0 112,386,455 1.0002 112,363,982 20 551 0.011367080
Random Totals: 477,872,296 481,804,957 71 1,891
CATG D1 EXCEPTION VALUES: 2,992,626 1,736,354
Total Test Values 480,864,922 483,541,311

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,177,066

Confidence Interval Values(5)

Local Test Value: 480,864,922 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 459,364,245 (State Test Value minus Margin of Error Percent)
State Upper Limit: 507,718,377 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values